Examples of Disposition Losses in a sentence
On each Determination Date, the Servicer shall determine the aggregate amount, if any, of Disposition Losses that have occurred during the Related Month.
In the event that the aggregate amount of such Vehicle Disposition Losses occurring during such Related Month exceeds the aggregate amount of Vehicle Disposition Recoveries received during such Related Month, the Master Servicer shall set forth the aggregate amount of such net Vehicle Disposition Losses in the Monthly Noteholders’ Statement, and the Trustee shall make the allocations as set forth in Sections 4.7(a)(ii)(A), 4.7(b)(ii)(A) and 4.7(c)(ii)(A), as applicable, of this Supplement.
Allocation of Net Disposition Profits and Net Disposition Losses for Book Accounting Purposes.
The Capital Account of a Member shall be increased by the amount of any Net Operating Profits or Net Disposition Profits allocated to such Member, and decreased by (i) the amount of any Net Operating Losses or Net Disposition Losses allocated to such Member, (ii) the amount of any cash distributed to such Member, and (iii) the fair market value of any assets (other than cash) distributed to such Member.
On each Determination Date, the Servicer shall determine the Net Disposition Losses with respect to such Determination Date.
Operating Losses and Disposition Losses for any fiscal year shall be allocated 100% to Cinemark.
On each Determination Date, the Servicer shall determine the aggregate amount, if any, of Series 1997-2 Disposition Losses that have occurred during the Related Month.
Operating Losses and Disposition Losses for any fiscal year shall be allocated one hundred percent (100%) to Cinemark.